Karumba Designs' bookkeeper incorrectly recorded a $900 cash purchase of office supplies as a debit to cash and a credit to supplies. Which of the following journal entries would correct this error and reflect the effect of the original transaction?
A)
B)
C)
D)
E) 
Correct Answer:
Verified
Q144: The following journal entry (incorrectly)recorded the purchase
Q145: Financial statements are prepared in the following
Q146: Unearned revenue is reported in the financial
Q147: The unadjusted trial balance for a company
Q148: The following journal entry (incorrectly)recorded the purchase
Q150: A trial balance prepared after adjustments have
Q151: A trial balance prepared before any adjustments
Q152: Throughout an accounting period, the fees for
Q153: A $6,440 debit to interest expense was
Q154: If an accountant forgot to record depreciation
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